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2014 Gas price moaning thread

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Old Nov 27th 2014 | 2:28 am
  #61  
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Default Re: 2014 Gas price moaning thread

Originally Posted by Gozit
What is this lovely gas price app you are using?
Ottawa Gas Prices - Find Cheap Gas Prices in Ontario

or gasbuddy as an app.

Gas is about $1.05 at most places here in Ottawa. About a month ago, I got gas for $0.108 per litre when the attendant made a mistake in setting the price and she ended up having to give customers gas for that price for about a half hour. My fill up cost less than $4.
 
Old Nov 27th 2014 | 3:07 am
  #62  
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Default Re: 2014 Gas price moaning thread

99.4c at the Calgary COOP a couple of days ago.
 
Old Nov 27th 2014 | 3:11 am
  #63  
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Default Re: 2014 Gas price moaning thread

Wow 99c that's 2008 prices here. Getting close tho, at the rate it is dropping gas will be free by April

Oh GOZIT that app is indeed "Gas Buddy"
 
Old Nov 27th 2014 | 9:24 am
  #64  
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Default Re: 2014 Gas price moaning thread

Originally Posted by magnumpi
Wow 99c that's 2008 prices here. Getting close tho, at the rate it is dropping gas will be free by April

Oh GOZIT that app is indeed "Gas Buddy"
Thanks
 
Old Nov 27th 2014 | 9:40 am
  #65  
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Default Re: 2014 Gas price moaning thread

Originally Posted by Partially discharged
Ottawa Gas Prices - Find Cheap Gas Prices in Ontario

or gasbuddy as an app.

Gas is about $1.05 at most places here in Ottawa. About a month ago, I got gas for $0.108 per litre when the attendant made a mistake in setting the price and she ended up having to give customers gas for that price for about a half hour. My fill up cost less than $4.
 
Old Nov 27th 2014 | 11:56 am
  #66  
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Default Re: 2014 Gas price moaning thread

93 cents (converted to CAD) here in Northern Illinois at the moment.

77 cents if you live close to Detroit though.
 
Old Nov 27th 2014 | 2:37 pm
  #67  
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Default Re: 2014 Gas price moaning thread

This is of course all fine, until you put it into the context of Harper's boneheaded one way bet on the Tar Sands.

The idiot and his idiot Big Oil masters who are his campaign funders are about to bankrupt the Canadian economy.

I certainly don't claim to be a sophisticated investor / economic planner, but even my addled brain knows that the route to comparatively sensible money management lies in diversification.

He doesn't give a shit about that of course. He just wants to win again.

But sorry Stephen. You are about to lose.
 
Old Nov 27th 2014 | 9:22 pm
  #68  
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Default Re: 2014 Gas price moaning thread

Originally Posted by Novocastrian
This is of course all fine, until you put it into the context of Harper's boneheaded one way bet on the Tar Sands.

The idiot and his idiot Big Oil masters who are his campaign funders are about to bankrupt the Canadian economy.

I certainly don't claim to be a sophisticated investor / economic planner, but even my addled brain knows that the route to comparatively sensible money management lies in diversification.

He doesn't give a shit about that of course. He just wants to win again.

But sorry Stephen. You are about to lose.
Of course I'm no financial wizard either but I think there's another side to this. OPEC refuses to cut production so oil drops to $70 and keeps driving the Russian ruble down to suit the western political agenda, the unsafe pipelines will go in somewhere, sooner or later, because alternative energy takes a long time to pay for (whether this is true or not or if it's the government's fault in the first place is beside the point; that's what the perception is), and there are enough who don't like wind farms or nuclear power plants or exploding rail cars to make the pipelines sell. Not in my back yard, surely (joke, that's exactly where it's going), but somewhere. Libs were ahead in a recent poll but that isn't enough to finish Harper; a lot of unforeseen things will have to happen in a year to make Trudeau PM. No doubt about 9 months from now this will give birth to it's own thread.
 
Old Nov 28th 2014 | 12:30 am
  #69  
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Default Re: 2014 Gas price moaning thread

3c drop tonight in Toronto
 
Old Nov 28th 2014 | 1:15 am
  #70  
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Default Re: 2014 Gas price moaning thread

Originally Posted by orly
93 cents (converted to CAD) here in Northern Illinois at the moment.

77 cents if you live close to Detroit though.
I paid C$0.78 on Tuesday evening here in NC. It was BP brand, not some crappy discount/ no brand gas.
 
Old Nov 28th 2014 | 2:40 am
  #71  
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Default Re: 2014 Gas price moaning thread

Originally Posted by Novocastrian
This is of course all fine, until you put it into the context of Harper's boneheaded one way bet on the Tar Sands.

The idiot and his idiot Big Oil masters who are his campaign funders are about to bankrupt the Canadian economy.
I can't see how this price can continue for long unless the global economy really goes down the crapper. The higher-cost oil production will shut down, which will reduce production, which will push the price up again.

Certainly it's going to hurt, but the more Chinese driving cars, the higher the price of oil is going in the longer term. As mentioned above, it's probably just the Saudis trying to drive some of the competition out of business so they can push the price up again.
 
Old Nov 28th 2014 | 3:59 am
  #72  
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Default Re: 2014 Gas price moaning thread

Originally Posted by orly
93 cents (converted to CAD) here in Northern Illinois at the moment.

77 cents if you live close to Detroit though.
Financial inducements are often required in order to get people to live in or visit Detroit
 
Old Nov 28th 2014 | 6:20 am
  #73  
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Default Re: 2014 Gas price moaning thread

1.18 this morning. Amazing we pay the same price as Vancouver even though we have less taxes added, in theory our prices should be closer to other regions outside Vancouver transit region, but we are almost always on par with Vancouver.
 
Old Nov 28th 2014 | 9:25 am
  #74  
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Default Re: 2014 Gas price moaning thread

Originally Posted by MarkG
I can't see how this price can continue for long unless the global economy really goes down the crapper. The higher-cost oil production will shut down, which will reduce production, which will push the price up again.

Certainly it's going to hurt, but the more Chinese driving cars, the higher the price of oil is going in the longer term. As mentioned above, it's probably just the Saudis trying to drive some of the competition out of business so they can push the price up again.
You miss the point Mark. Accepting everything you say as a premise (not that I agree with all of it), ask yourself whether it's competent economic planning for Canada's Federal Government to put all its eggs (energy eggs and political eggs) into higher-cost oil production?

Result: the Canadian economy becomes unnecessarily vulnerable to manipulation of the benchmark oil price by e.g. Saudi Arabia (who may be aiming at Russia, but more likely Iran) either way poor old Canada just happens to be in the crossfire BY CHOICE.

So, higher-cost oil production (in Canada and elsewhere) gets shut down. Perhaps a few months or a few years later, the geopolitical situation alters the oil price again, perhaps not. In the meantime unimaginably huge amounts of capital are stranded in Canada, earning nothing.

After a restart, if it ever occurs, more huge costs will be incurred to do a reverse mothballing. And we start the whole nonsense over again until Russia perhaps, or the US, get pissed off with some other stuff going on and squeeze oil prices down again.

O Canada, O shit.
 
Old Nov 28th 2014 | 9:42 am
  #75  
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Default Re: 2014 Gas price moaning thread

Originally Posted by Novocastrian
You miss the point Mark. Accepting everything you say as a premise (not that I agree with all of it), ask yourself whether it's competent economic planning for Canada's Federal Government to put all its eggs (energy eggs and political eggs) into higher-cost oil production?

Result: the Canadian economy becomes unnecessarily vulnerable to manipulation of the benchmark oil price by e.g. Saudi Arabia (who may be aiming at Russia, but more likely Iran) either way poor old Canada just happens to be in the crossfire BY CHOICE.

So, higher-cost oil production (in Canada and elsewhere) gets shut down. Perhaps a few months or a few years later, the geopolitical situation alters the oil price again, perhaps not. In the meantime unimaginably huge amounts of capital are stranded in Canada, earning nothing.

After a restart, if it ever occurs, more huge costs will be incurred to do a reverse mothballing. And we start the whole nonsense over again until Russia perhaps, or the US, get pissed off with some other stuff going on and squeeze oil prices down again.

O Canada, O shit.
Reverse mothballing.

I like it. May I nick it, or did you nick it?
 


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